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there goes nancy pelosi, and we are told now house speaker boehner may have already left, and, no, they are not talking to reporters. nancy is looking for her car to leave the white house, and we're not getting anybody talking to the reporters at this point, so maybe we'll get some -- and i'm told now the futures market in the after-hours pegs is extending the losses that we've been seeing in the last hour of trade. maybe we'll get eamon javers to get in front of the camera when we come back. stay tuned. [ male announcer ] at scottrade, we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. >>> congressional leaders have just left the white house about an hour and 20 minutes arriving for a meeting with the presiden
there goes nancy pelosi, and we are told now house speaker boehner may have already left, and, no, they are not talking to reporters. nancy is looking for her car to leave the white house, and we're not getting anybody talking to the reporters at this point, so maybe we'll get some -- and i'm told now the futures market in the after-hours pegs is extending the losses that we've been seeing in the last hour of trade. maybe we'll get eamon javers to get in front of the camera when we come back....
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the president, speaker boehner, harry reid, nancy pelosi, mitch mcconnell will all be there. this could be the beginning of a real endgame for the fiscal cliff conflict. we will keep you updated on any new developments tonight and throughout the day tomorrow on cnbc. >>> now the american psychiatric association says it is okay to give antidepressants to people who are grieving over a recently lost loved one. again, these people are not diagnosed with clinical depression. these are people who have suffered a real loss. can a pill really help you with that? here now is beverly hills psychiatrist dr. carol lieberman. is this a good idea? >> thank you. the whole mental health system is actually falling apart and it goes beyond bereavement and depression. actually, bereavement has a lot of similarities to major depression or at least in some people's cases. the depression comes from loss. so whether it's the loss of a job or a loss of a relationship or a loss of a loved one there really are similar symptoms like a sense of sadness like loss of interest or pleasure in activities th
the president, speaker boehner, harry reid, nancy pelosi, mitch mcconnell will all be there. this could be the beginning of a real endgame for the fiscal cliff conflict. we will keep you updated on any new developments tonight and throughout the day tomorrow on cnbc. >>> now the american psychiatric association says it is okay to give antidepressants to people who are grieving over a recently lost loved one. again, these people are not diagnosed with clinical depression. these are...
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house speaker john boehner, minority leader nancy pelosi, senate majority leader harry reid and mitch mcdonnell who have a collective 100 years legislating between them will be meeting with the president soon. . they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ m
house speaker john boehner, minority leader nancy pelosi, senate majority leader harry reid and mitch mcdonnell who have a collective 100 years legislating between them will be meeting with the president soon. . they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning,...
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in fact, when george bush came to harry reid and nancy pelosi in late 2007 and said the economy is slipping, i need a stimulus, they worked with him to do it. it was when barack obama got elected that the republicans followed mitch mcconnell's declaration that defeating the president was his number one agenda item. deadlock came in when the american people decided, as they have obviously every right to do, that they didn't like the people they voted for in 2008, and we're going to vote for diametrically opposed people in 2010. but if you look before that happened, before 2011, you've got a pretty functional system. the problem is not structural. it's who the people are. i do believe that as a result of the 2012 election, some of those who were elected who really don't believe in governance, are losing their ability to screw things up. >> mr. congressman, i know we'll have you back again. but it will be as a participant in the private sector debate. congratulations on everything. happy new year. >> thank you. >> congressman barney frank from washington. >> possibly as an author. his plans ar
in fact, when george bush came to harry reid and nancy pelosi in late 2007 and said the economy is slipping, i need a stimulus, they worked with him to do it. it was when barack obama got elected that the republicans followed mitch mcconnell's declaration that defeating the president was his number one agenda item. deadlock came in when the american people decided, as they have obviously every right to do, that they didn't like the people they voted for in 2008, and we're going to vote for...
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pelosi and say, look, this is not the way i would have done it, but we've got to reach a consensus, it's going to be good for the programs ovnd it's going to bring them back to solvency. >> okay, so here's what else is on the schedule today. the house is going to be reconvening at 9:00 a.m. eastern for debate followed by legislative business. we'll see how things pan out. of course, bring you all of that throughout the day. in addition to all of that, we now have news that the pentagon is preparing to lay off 800,000 civilian employees if a deal is not reached to avoid the fiscal cliff by january 2nd, automatic domestic and military spending cuts will kick in, and the pentagon would be forced to cut 55 billion dollars in spending in the first nine months of 2013. there are a lot of worries in the defense industry, in government, about what that ultimately will all mean. let's take a quick check on the markets, see where things are headed, as market gets ready to open. dow looks like it would be off about 62 points. nasdaq would be off about 15 points and the s&p 500 would open off c
pelosi and say, look, this is not the way i would have done it, but we've got to reach a consensus, it's going to be good for the programs ovnd it's going to bring them back to solvency. >> okay, so here's what else is on the schedule today. the house is going to be reconvening at 9:00 a.m. eastern for debate followed by legislative business. we'll see how things pan out. of course, bring you all of that throughout the day. in addition to all of that, we now have news that the pentagon is...
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dana, we know reid is on board, nancy pelosi is on board. mitch mcconnell, has he definitely signed off to this deal? >> yes. he actually was an early signer of the deal. because he, of course, was the point person on the republican side. i should say, i said yes pretty definitively. behind me, you see a gaggle of reporters, and he's probably going to be mad at me for doing this, but that's mitch mcconnell's spokes person talking to people about what's going on. hopefully i won't be proven wrong, but it's hard to believe i will. mitch mcconnell wient to the floor hours and hours ago saying as far as he was concerned, he and the president had a deal except forsequester, which we now know is resolved. it's hard to imagine he's not on board. the question is how many republicans are going to vote for this? that really does matter not so much in whether it's going to pass the senate, but more importantly, its fate in the house. we talked a lot about from early on when the talks were with the house speaker and the president. that a big hurdle alwa
dana, we know reid is on board, nancy pelosi is on board. mitch mcconnell, has he definitely signed off to this deal? >> yes. he actually was an early signer of the deal. because he, of course, was the point person on the republican side. i should say, i said yes pretty definitively. behind me, you see a gaggle of reporters, and he's probably going to be mad at me for doing this, but that's mitch mcconnell's spokes person talking to people about what's going on. hopefully i won't be...
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nancy pelosi had her democratic grip. she won't get unanimous support, will she? >> that's to be seen. it's very possible there will be a number of democrats who are not happy with this and there may be some who do not vote for it on the left. that's entirely possible. but nancy pelosi is on a phone call with president obama and harry reid and she signed off on this, so she has a pretty good sense of where her caucus is, will be getting a lot of democratic support. when you look at how much democratic support this got in the senate, that's an indication it would get a lot in the house. the thing is, speaker boehner gets to determine if this bill -- i think the fact is, if you put this bill on the house floor, it will go through very easily. it's up to him whether he wants to put it on the floor or change it to get more republican support. >> brianna keilar, a big day ahead of us. thank you very much. >> let's go to capitol hill, jonathan allen, a senior correspondent for politico. happy new year. i want to pick up where brianna left off. john boehner has a choice
nancy pelosi had her democratic grip. she won't get unanimous support, will she? >> that's to be seen. it's very possible there will be a number of democrats who are not happy with this and there may be some who do not vote for it on the left. that's entirely possible. but nancy pelosi is on a phone call with president obama and harry reid and she signed off on this, so she has a pretty good sense of where her caucus is, will be getting a lot of democratic support. when you look at how...
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or nancy pelosi saying you have to pass the bill to know what's in it. i don't think any republican ought to be touching this stuff. >> mr. speaker, hold on for a second. alley vels i velshi is with us. >> speaker, sorry to bother you while you're on vacation. listen, you called this an artificial creation of washington. you have actually suggested the many things that make up the fiscal cliff be divided up and tackles separately. i want you to listen to what president obama said earlier today and get your comment on it. let's listen to this. >> we're going to solve this problem instead in several steps. >> speaker gingrich, do you think this is the way to do it? we're at an impasse. are we going to do that? >> we're going to solve it in several steps. why aren't people trying to solve it a few hours before midnight on new year's eve? everybody knows you can retroactively -- the president could instruct the treasury tomorrow morning to hold all withholding rates at the current amount on the presumption that they have reroactively to january 1st fixed the
or nancy pelosi saying you have to pass the bill to know what's in it. i don't think any republican ought to be touching this stuff. >> mr. speaker, hold on for a second. alley vels i velshi is with us. >> speaker, sorry to bother you while you're on vacation. listen, you called this an artificial creation of washington. you have actually suggested the many things that make up the fiscal cliff be divided up and tackles separately. i want you to listen to what president obama said...
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plan b was a plan that was advocated by nancy pelosi, was advocated by chuck schumer less than two years ago. they said that what we should do is raise taxes on people that make a million dollars or above. there were only 50 house republicans who said they were not going to vote for plan b. you couldn't even get 50 house democrats to vote for something like that, to send somethi to the senate and then the senate could maybe raise taxes on people that make less than that. so don't blame the republicans when it's the democrats that are unwilling to work on anything. when the president said that he wanted to look at chain cpi -- >> that's the -- >> that's a nonstarter. >> changing the way social security payments are attached to the cost of living. >> the democrats in the senate are divided on what that tax rate should be as well as on taxes on small business as well as the death tax. they are very divided on this issue. >> the estate tax. yeah. so let me have you answer that. i have another subject i want to bring up. do you think there will be a deal and that most taxes will not go up? >>
plan b was a plan that was advocated by nancy pelosi, was advocated by chuck schumer less than two years ago. they said that what we should do is raise taxes on people that make a million dollars or above. there were only 50 house republicans who said they were not going to vote for plan b. you couldn't even get 50 house democrats to vote for something like that, to send somethi to the senate and then the senate could maybe raise taxes on people that make less than that. so don't blame the...
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at least so far as nancy pelosi is concerned. you can see this tape. she obviously has left the meeting. john boehner, the speaker of the house, has also been seen leaving. so what we want to do is find out what is going on here. obviously we have our jessica yellin there and we will talk to her a little later about what she has learned. now, the fiscal cliff and these last-ditch talks is the only game in town. joining me for today's strategy session is roland martin and cnn contributor erick erickson, editor-in-chief of. they are saying, hey, we don't have to compromise. we have more people in congress coming in that are democrats. the president doesn't have to give on that $250,000 top. where do you stand on this? do you think the president does or should compromise up to -- particularly on the tax issue? >> you can't be a democrat and ask republicans to compromise if you don't want to give up something. i think the president clearly understood that. so when he laid the $250,000 out, he gave himself some room because, again, you saw speaker boehner's
at least so far as nancy pelosi is concerned. you can see this tape. she obviously has left the meeting. john boehner, the speaker of the house, has also been seen leaving. so what we want to do is find out what is going on here. obviously we have our jessica yellin there and we will talk to her a little later about what she has learned. now, the fiscal cliff and these last-ditch talks is the only game in town. joining me for today's strategy session is roland martin and cnn contributor erick...
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vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the white house will tell you it's possible. when you listen to what you're hearing some of these congressional leaders say, there's a lot of posturing laying blame to the other side if we do go over the cliff. take a listen. >> republicans are not about to write a blank check for anything senate democrats put forward because we find ourselves at the edge of the cliff. >> we are here in washington working while the members of the house of representatives are out watching movies, watching their kids play soccer, basketball, doing all kinds of things. they should be here. >> now, house speaker john boehner is sa
vice president biden, harry reid, house minority leader nancy pelosi, mitch mcconnell and john boehner representing the republicans. brianna keilar is live from washington. is anybody optimistic that a deal could be done today around a table? >> i will tell you the optimism is sort of sinking. senate majority leader harry reid said he doesn't see how it can get done by january 1st. we heard from president obama before he left from his vacation that he was optimistic. logistically the...
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president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m., less than one hour from now. and just four days ahead of the so-called fiscal cliff. so a very big moment in the nation's capital. and to walk us through what might happen we turn to jessica yellin, a chief white house correspondent. jessica, we said up front, it is a long shot, give us a best case scenario. >> reporter: the best case scenario would be that all the leaders walk out of this meeting and say they have a deal. the two senators say they can bring it to a vote, and none of their members will filibuster it. house speaker john boehner says he will bring it
president, there in the middle, democrats nancy pelosi and harry reid. republicans mitch mcconnell and john boehner. those four members of congress are expected to make the drive from the capital, which you see on the right, down pennsylvania avenue, to the white house, there on the left. and we expect them to enter through a side door on the west side of the mansion. that's the entrance right there. and they'll meet with the president. in the oval office. beginning, we're told, at 3:00 p.m.,...
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for house speaker john boehner to agree to bring it to a vote on the house floor, and leader nancy pelosi to produce the huge number of democrats needed to pass it. but if that plan falls through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> the president's basic package has much more for democrats to like. so don't expect that to get very far. but all sides now agree the senate must first pass a bill before the house makes any kind of move. so all eyes will be on mitch mcconnell and harry reid and their negotiators holed up on capitol hill. the senate comes back into session at 1:00 on sunday. >> jessica yellin, thanks. >>> and with the pressure now squarely on the senate to fix the fiscal cliff, they will lead the talks this weekend. a period of time reid calls, quote, very important, mcconnell says he's hopeful both sides will have a plan to present to their respective members as early as tomorrow. and other republican and democratic senators are underscoring the importance of reaching an agreement soon. >> if we don't have a deal
for house speaker john boehner to agree to bring it to a vote on the house floor, and leader nancy pelosi to produce the huge number of democrats needed to pass it. but if that plan falls through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> the president's basic package has much more for democrats to like. so don't expect that to get very far. but all sides now agree the senate must first pass a bill before the house makes any...
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i think if you get a deal, ali, you're probably going to get a deal where nancy pelosi and the house is going to have to produce a hundred or so votes from her caucus because you probably got at least 50 house republicans who just don't want to vote for any tax increase. you could possible that kind of deal together and if there's any chance of this getting done, it will be that kind of deal where you get 70 votes in the senate, democrats and republicans alike, and then you get maybe 100 republicans and a few more democrats than that that put it together in the house. but here is the point. we got these big fiscal problems, and this is -- ali, we're going to be talking about this for a year no matter what happens with the short-term deal because we still have the debt ceiling, we have a budget deal on the spending. we've got a big financial crisis on our hands, and this is, unfortunately, just act one. >> the sad part is we don't have to have anything that looks like a financial crisis. we could actually have a good economy. >> let me say one thing -- >> that's the problem. >> let me
i think if you get a deal, ali, you're probably going to get a deal where nancy pelosi and the house is going to have to produce a hundred or so votes from her caucus because you probably got at least 50 house republicans who just don't want to vote for any tax increase. you could possible that kind of deal together and if there's any chance of this getting done, it will be that kind of deal where you get 70 votes in the senate, democrats and republicans alike, and then you get maybe 100...
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and nancy pelosi is the one who's going to have to car ray lot of this weight if it gets anywhere in the house because she'll have to deliver a lot of votes. the president not at his maximum frustration level, i have to say, still seeming a little enthusiastic. >> jessica yellin, thanks so much. ken, i want to ask you, you're an expert on economic crises. yol want to have to use your expertise ever again. we're not going to a crisis, hopefully, as a result of this. what's your best advice in terms of keeping the economy on track? what's the best compromise everybody can come out with if they know it will help the economy? >> well, we'd like to see tax reform. we'd like to see washington do things like infrastructure, cut back on spending. it's dysfunctional. that's what's so disheartening about this. this isn't a one-time thing. we're going to see it again in february. it's hard to see where this is going to come to an end unless the parties reform. >> yeah. well, let's hope. i don't know if that's happening before monday, but we'll keep on them. ken, jessica, kevin, thanks to all of
and nancy pelosi is the one who's going to have to car ray lot of this weight if it gets anywhere in the house because she'll have to deliver a lot of votes. the president not at his maximum frustration level, i have to say, still seeming a little enthusiastic. >> jessica yellin, thanks so much. ken, i want to ask you, you're an expert on economic crises. yol want to have to use your expertise ever again. we're not going to a crisis, hopefully, as a result of this. what's your best advice...
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pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the prospects for coming to a deal are starting to dim. right now, we're hearing a whole lot of the blame game. a lot of public posturing from both sides as they prepare for the possibility of going over the cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of retorting to reid, ali. in a confer
pelosi on the democratic side. house speaker john boehner, mitch mcconnell representing the republicans. brianna keilar live from washington. what do we expect to happen today? any new offers from the president or house speaker? >> we don't know. right now, all eyes on the senate to see what senate majority leader harry reid can cobble together to get some republican support. technically, it's still possible to come to an agreement. that said, politically is a different story, and the...
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senate majority leader harry reid, minority leader, mitch mcconnell, john boehner and nancy pelosi. all four met at the white house yesterday afternoon with the president and vice president. and jessica yellin is our chief white house correspondent, and jessica, the president used his bully pulpit after that meeting to sort of reinforce the idea that senators need to get busy. so let's give that a listen first. >> the american people are watching what we do here. obviously, their patience is already thin. this is dejavu all over again. america wonders why it is that in this town for some reason you can't get stuff done in an organized timetable. why everything always has to wait until the last minute. well, we're now at the last minute. and the american people are not going to have any patience for a politically self-inflicted wound to our economy. >> jessica, you were in the room for the president's remarks and he said he was optimistic but he was also clearly a bit ticked off. so i'm wondering about this waiting until the last minute, the weekend, to get this all done. what is the
senate majority leader harry reid, minority leader, mitch mcconnell, john boehner and nancy pelosi. all four met at the white house yesterday afternoon with the president and vice president. and jessica yellin is our chief white house correspondent, and jessica, the president used his bully pulpit after that meeting to sort of reinforce the idea that senators need to get busy. so let's give that a listen first. >> the american people are watching what we do here. obviously, their patience...
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nancy pelosi helped create the oce as a solution. the oce has done more than 100 investigations of lawmakers raising serious questions about possibly congressional misdeeds. in 37 of those investigations, the oce referred them on to the twauld house ethics committee for further review meaning in those 37 cases the oce found reason to believe that house ethics and federal laws were likely violated. so why does congress want to kill it? actually that's hard to say. folks like these who have in the past voted to cut the oce budget refused to talk to us. for those who would talk, opinions were mixed. >> i think it's important that there be some way for the public or someone outside of congress to raise issues about the conduct of members of congress. some of the things that oce has sent to the ethics committee was actually pretty flimsy. >> i supported it the first time, i'll support it again. >> is there anything oce has done specifically that might have rubbed the congress the wrong way to the point where they wouldn't want to get it g
nancy pelosi helped create the oce as a solution. the oce has done more than 100 investigations of lawmakers raising serious questions about possibly congressional misdeeds. in 37 of those investigations, the oce referred them on to the twauld house ethics committee for further review meaning in those 37 cases the oce found reason to believe that house ethics and federal laws were likely violated. so why does congress want to kill it? actually that's hard to say. folks like these who have in...
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pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see, and all the parties involved are also going in with a big question mark. the idea is the expectation by many of the participants in the meeting is that they hope that they will be able to discuss more details about a scaled-down fiscal cliff plan. and maybe that could lead to some sort of agreement ideally for all parties in which all the senators say that they will not filibuster it, and it can go to a vote. and then speaker boehner could, in theory, agree to bring it to a vote on the house floor after the house comes back on sunday. and then we would get all of this behind us before new year's eve. how likely does that sound? not so likely. >> you and i are both kind of laughing abo
pelosi, senate majority harry reid and minority leader mitch mcconnell. that is happening this afternoon. jessica yellin is there. jess, what do we know about the president's plan to get everybody in the same room? do we think there's going to be something that comes out of this? >> reporter: well, this is one of those cases where we really are going to have to wait and see, and all the parties involved are also going in with a big question mark. the idea is the expectation by many of the...
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and leader nancy pelosi to produce the huge number of democrats needed to pass it. if that plan falls through -- >> i will urge senator reid to bring to the floor a basic package for an up or down vote. >> so what are the chances that will happen? lisa desjardins is live on capitol hill. lisa, what is happening right now to reach a deal? who right now is involved in the negotiations? >> reporter: you know, this fiscal cliff that affects pretty much every american is now down to just a handful of people here at the capitol trying to work out a deal. at the top of the list are senators mcconnell and reid that you heard about in jessica's story. but also very important today will be their top staffers. their chiefs of staff. our producer, ted barrett, reports that the chiefs of staff will be working with each other trying to hammer out a deal, then talking to their bosses, the senators. then we'll find out tomorrow probably how far that deal can go. what's the starting point for that deal? we know a little bit. this is coming from senate majority leader harry reid as w
and leader nancy pelosi to produce the huge number of democrats needed to pass it. if that plan falls through -- >> i will urge senator reid to bring to the floor a basic package for an up or down vote. >> so what are the chances that will happen? lisa desjardins is live on capitol hill. lisa, what is happening right now to reach a deal? who right now is involved in the negotiations? >> reporter: you know, this fiscal cliff that affects pretty much every american is now down...
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for house speaker john boehner to agree to bring it to a vote on the house floor and leader nancy pelosi to predict a huge number of democrats needed to pass it. but if that plan falling through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> reporter: the president's basic package has much more for democrats to like. so don't expect that to get very far, but all sides now agree the senate must first pass a bill before the house makes any kind of move. so all eyes will be on mitch mcconnell and harry reid and their negotiatorsoled up on capitol hill. the senate comes back into session at 1:00 on sunday. christi, alison? >>> and the cliffhanger continues. jessica yellin, thanks. >>> and january 1st is the deadline to make a deal on the fiscal cliff. for some states, it's a day that a series of new laws are going to take effect. let me get you clued in here. in california, talking more than 800 new laws, including one requiring apartments and condos to install carbon monoxide detectors. separately, employers will no longer be able to ask
for house speaker john boehner to agree to bring it to a vote on the house floor and leader nancy pelosi to predict a huge number of democrats needed to pass it. but if that plan falling through -- >> then i will urge senator reid to bring to the floor a basic package for an up or down vote. >> reporter: the president's basic package has much more for democrats to like. so don't expect that to get very far, but all sides now agree the senate must first pass a bill before the house...
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. >> the minority leader, the democratic leader, nancy pelosi, she tweeted about that so-called up or down vote in the house. namely whether or not the house would take up the senate measure that passed in the middle of the night, if it were to come up, and that's a huge if, dana, if the senate legislation, as is, without any amendments, were to come up for a vote in the house of representatives, would it pass? >> i was talking to a democratic -- a member of the democratic leadership who said that they have probably about 150 members. so you wouldn't need that many republicans given how big their caucus is, in order to get the votes to pass it. so i think it's safe to say that it is likely that it would pass, but as you know, and as nancy pelosi knows very well, because she ran the house for four years, that is one of the big benefits of being in the house majority. they decide what goes to the floor for the most part, and they decide how it goes to the floor. and as we've been talking about, a big issue, politically, for the house speaker isn't necessarily whether to bring this up, b
. >> the minority leader, the democratic leader, nancy pelosi, she tweeted about that so-called up or down vote in the house. namely whether or not the house would take up the senate measure that passed in the middle of the night, if it were to come up, and that's a huge if, dana, if the senate legislation, as is, without any amendments, were to come up for a vote in the house of representatives, would it pass? >> i was talking to a democratic -- a member of the democratic...
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john boehner not in this, nancy pelosi isn't in this, not even the president. the house reconvenes at 10:00, the senate at 11:00, bright and early. sarcastic. neither of them showing particular signs of progress. >> these two worked together in the senate for 20 years. so you hope -- >> in fairness, the houses are not convening. these guys are not working. i don't care if it doesn't play out in the media. the big stumbling block has been avoided. republicans dropped their demand to reduce social security cost of living increases. >> i was really gratified to hear republicans had taken the demand for social security benefits off the table. truth is, they never should have been on the table to begin with there is still significant distance between the two sides, but negotiations continue. >> the consequences of this are too high for the american people to be engaged in a political messaging campaign. i'm interested in getting a result here. >> they have all been politically messaging, not sure why they are being critical of it now. thousands of there's of your ta
john boehner not in this, nancy pelosi isn't in this, not even the president. the house reconvenes at 10:00, the senate at 11:00, bright and early. sarcastic. neither of them showing particular signs of progress. >> these two worked together in the senate for 20 years. so you hope -- >> in fairness, the houses are not convening. these guys are not working. i don't care if it doesn't play out in the media. the big stumbling block has been avoided. republicans dropped their demand to...
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does john boehner need nancy pelosi in order to get anything passed? >> reporter: yes, absolutely. no question about it. that became incredibly obvious when he couldn't even get his own republicans to effectively save them from themselves and at least have some political cover by voting to keep tax cuts in place for everybody except millionaires because they said they wouldn't help him with what they call a political ploy. i think that's true but actually talking to people on both sides of the aisle here, because the ball is now in the senate -- the senate's court, the feeling is that if they can kind of break the dam in the senate and if something actually passes, you've already seen over the past two days house republicans saying that they hadn't said before, if the senate passes something, we'll take it up. and if that's the case, the sort of betting is that with the help of the majority of the democrats, probably most of the democrats and maybe, you know, a few dozen or more republicans, that's how it would get passed. but, candy, it's still a big if, as we just witnessed, whet
does john boehner need nancy pelosi in order to get anything passed? >> reporter: yes, absolutely. no question about it. that became incredibly obvious when he couldn't even get his own republicans to effectively save them from themselves and at least have some political cover by voting to keep tax cuts in place for everybody except millionaires because they said they wouldn't help him with what they call a political ploy. i think that's true but actually talking to people on both sides...
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nancy pelosi is still able to lead her caucus. she kept every single democrat, everyone the most moderate, she kept them all in line to not vote for the boehner bill. boehner just can't do it. >> thanks so much. really good to see you dana, ryan, thanks to you both. >>> first tornadoes and now blizzard conditions. we're following several severe weather stories making it difficult for millions of americans. holly is at the world's busiest airport, hartsfield jackson in atlanta. what are you seeing there? >> reporter: well, joe, it's pretty steady here. it's getting a little bit more crowded as the evening goes on. but i can tell you that some people are heading home after christmas and finding it tough to travel today because of that massive storm barreling through the country. it's wreaking havoc on the roads and in the air. snow, ice and high winds. >> we want to get out. >> it's always scary when you're flying that you'll be stuck in the airport. >> reporter: as massive storm it that left many in the midwest and parts of the sou
nancy pelosi is still able to lead her caucus. she kept every single democrat, everyone the most moderate, she kept them all in line to not vote for the boehner bill. boehner just can't do it. >> thanks so much. really good to see you dana, ryan, thanks to you both. >>> first tornadoes and now blizzard conditions. we're following several severe weather stories making it difficult for millions of americans. holly is at the world's busiest airport, hartsfield jackson in atlanta....
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pelosi and john boehner kind of got together and nancy pelosi told boehner he could bring the votes for his speakership and then maybe together could isolate the tea party section of his group and take away some of the radical left of her group and bring the moderates together, support him for speakership. me, being a democrat, i would not get everything i want, but the republicans would get everything they wanted. by the time re-election came up they would have seen there was a lot of progress made and maybe they could not run primaries on those guys that decided to run to the middle with policy they laid out together. host: thank you for the call. guest: so many things. basically, you are assuming that john boehner would be elected speaker in a democratic house. it is not likely that they would give him their votes. it is far more likely, quite honestly, that the democrats would like to see continued disruption on the republican side. either way there would be a much-weakened speaker or he would be deposed. host: this president haas tried to give him some cover and boehner's party
pelosi and john boehner kind of got together and nancy pelosi told boehner he could bring the votes for his speakership and then maybe together could isolate the tea party section of his group and take away some of the radical left of her group and bring the moderates together, support him for speakership. me, being a democrat, i would not get everything i want, but the republicans would get everything they wanted. by the time re-election came up they would have seen there was a lot of progress...
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host: do you think nancy pelosi can deliver the votes? guest: we know the republicans will lose some number of votes. marco rubio voted against it. that is a sign of unrest. i have talked to some staffers in the progressive caucus. host: we have a tweet from the head of the afl-cio. host: that from richard trumka ahead of last night's vote, illustrating some distress among the progressive groups. guest: obama has not address the debt ceiling. this was another thing he was going to do. it.not when --he didn't win you have done the revenue and change the estate tax. that is done. you are going into the negotiations without many avenues. there will not negotiate on the debt ceiling. sherrod brown said they were going with tit. whitehouse said the same thing earlier. obama said they want an end to the high jinks. host: what is your take on president obama's role in negotiating so far? guest: i think he has a strong impulse to reach a deal. his priorities to reaching a deal is surpassing his desire to stand up for progressive principles. to pr
host: do you think nancy pelosi can deliver the votes? guest: we know the republicans will lose some number of votes. marco rubio voted against it. that is a sign of unrest. i have talked to some staffers in the progressive caucus. host: we have a tweet from the head of the afl-cio. host: that from richard trumka ahead of last night's vote, illustrating some distress among the progressive groups. guest: obama has not address the debt ceiling. this was another thing he was going to do. it.not...
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nancy pelosi, harry reid, for six years they knew this was coming. last term of president obama, there was no budget passed. nobody is talking, the liberal media is not talking. they are hiding the bills that were passed in the house to be tabled and never brought up and never be accountable for. i hold the republicans accountable, too, because they did not step up to the mike and point the finger towards the blame. i have another question to ask. obama asked for complete congressional powers about being able to pull up and give any amount of money that he wanted, taking those powers away from the house. i think that is completely ludicrous. as far as the last caller asking out the democrats and republicans, that me see, if the democrats put a bill together and the republicans don't vote for it, they are mad at it, but if the republicans put a bill and let's say cave to the democrats, there is no bipartisan. i have never seen the democrats actually cave and take care of the fiscal cliff in the amount of debt that we have is completely crazy to me. >>
nancy pelosi, harry reid, for six years they knew this was coming. last term of president obama, there was no budget passed. nobody is talking, the liberal media is not talking. they are hiding the bills that were passed in the house to be tabled and never brought up and never be accountable for. i hold the republicans accountable, too, because they did not step up to the mike and point the finger towards the blame. i have another question to ask. obama asked for complete congressional powers...
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so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increase would change depending on that, but the percentage increase is the same a matter where you live in the country. host: we are talking about social security and how would factors into the so called "fiscal cliff." if you would like to join the conversation, here are the >> our guest is eli lake. and the biggest political stories of 2012 with fox news political analyst juan williams. headlines and phone calls every day at 7:00 a.m. eastern on c- span. >> i like the variety of programs on c-span. the debates, i like to catch those when they are available. i do watch the political call-in programs as well. various positions from republicans, independents, d
so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increase would change depending on that, but the percentage increase is the same a matter where you live in the...
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host: you do not nancy pelosi can democrat enough votes? >> we know republicans will lose some number. you have seen in the senate been betting against it. democrats may not be able to lose that much to get it passed. i have spoke to some that are looking for a reason not to vote for this. we cannot set the stage for further destabilization hostage- taking from ours in the form of another debt ceiling crisis. but he was doing that ahead of last night's vote. this was another thing he was going to do. he didn't win it. you have done the revenue and change the estate tax. that is done. you are going into the negotiations without many avenues. there will not negotiate on the debt ceiling. sherrod brown said they were going with it. whitehouse said the same thing earlier. obama said they want an end to the high jinks. host: what is your take on president obama's role in negotiating so far? guest: i think he has a strong impulse to reach a deal. his priorities to reaching a deal is surpassing his desire to stand up for progressive principles. to
host: you do not nancy pelosi can democrat enough votes? >> we know republicans will lose some number. you have seen in the senate been betting against it. democrats may not be able to lose that much to get it passed. i have spoke to some that are looking for a reason not to vote for this. we cannot set the stage for further destabilization hostage- taking from ours in the form of another debt ceiling crisis. but he was doing that ahead of last night's vote. this was another thing he was...
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nancy pelosi, she worked with george w. bush in 2008 to craft a stimulus. they worked together on tarp. mitch mcconnell voted for tarp i could go on and on. for all of the tough talk, look at the word hopeful or optimistic. it is there. host: we will john boehner face a challenge to speaker? guest: there is grumbling, but the feeling is no. i did not think so. one of the most significant things that happened, going back to that press conference one week ago when the talk was in the air, eric cantor stood by his side, and that was a signal that if anybody is going to challenge him, it might be eric cantor. he will not challenge. he is absolutely on board. host: david lightman, thank you as always for being with us. guest: thank you for having me. host: we will check in with you again and your dog. every friday we look at america by the numbers. today, we want to focus on the issue of hunger in america. "washington journal" continues. negotiations are resuming this afternoon at 3:00 p.m. eastern time. [applause] >> there are cynics said that a party platform
nancy pelosi, she worked with george w. bush in 2008 to craft a stimulus. they worked together on tarp. mitch mcconnell voted for tarp i could go on and on. for all of the tough talk, look at the word hopeful or optimistic. it is there. host: we will john boehner face a challenge to speaker? guest: there is grumbling, but the feeling is no. i did not think so. one of the most significant things that happened, going back to that press conference one week ago when the talk was in the air, eric...
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president obama in a radically different congress controlled by house speaker nancy pelosi and senate majority leader harry reid revisitted the bush tax cuts. in two separate votes in february, 2009, and december, 2010, democrats could have increased taxes on the wealthy if they really believed that what they now say. did they raise taxes on the wealthy? no. why not? democrats could have permanently protected lower and middle income families there higher taxes if democrats really believed what they now say. did they? no. why not? mr. speaker, why would a democrat congress and white house say they want to tax the wealthy but not do it? why would a democrat congress and white house say they want permanent tax relief for lower and middle income taxpayers yet not give it? the answer is simple, washington democrats twice voted against tax increases on the wealthy and twice voted against giving permanent tax relief to lower and middle income families so that they could run campaigns onp human emotions like greed, envy, and class warfare, and campaign against the very tax policies democrats
president obama in a radically different congress controlled by house speaker nancy pelosi and senate majority leader harry reid revisitted the bush tax cuts. in two separate votes in february, 2009, and december, 2010, democrats could have increased taxes on the wealthy if they really believed that what they now say. did they raise taxes on the wealthy? no. why not? democrats could have permanently protected lower and middle income families there higher taxes if democrats really believed what...
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i have to give a lot of credit to our president and people like speaker nancy pelosi and senator barbara boxer and supervisor glory molina. >> would you go back into elected office? >> there is a lot of issues i care about -- health care, health care disparities, environmental justice, that is a big issue and will continue to be until we look at how we can regulate - >> you would probably take on some of these causes? >> i would hope so. obviously, i care about immigration reform. the president worked on helping the young children. i went to school with a lot of those types of individuals and continued to see many of them who are our brightest stars, who are educated and want to be so much a part of the american dream. just because they don't have a paper that says they are here legitimately, most don't know any other country, this is their home. >> we have some students and they will ask questions later. as a bit of advice for high- school teenage kids to want to work at the white house or would like to be in the president's cabinet sunday, what do you say to them? what is important for
i have to give a lot of credit to our president and people like speaker nancy pelosi and senator barbara boxer and supervisor glory molina. >> would you go back into elected office? >> there is a lot of issues i care about -- health care, health care disparities, environmental justice, that is a big issue and will continue to be until we look at how we can regulate - >> you would probably take on some of these causes? >> i would hope so. obviously, i care about...
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you have to remember nancy pelosi and the democrats that voted no voted to go over the fiscal cliff. they have been trying to kill all the bush tax cuts. even mr. obama since 2005 when he was running as a senator. i don't know what your thoughts are about that. i would like to hear about the democrats voted to push us off the fiscal cliff. host: how you pick political heroes? caller: this is a republic and want to see going back to what it was. people are getting knocked off of unemployment in states because their rates went down. we go off this cliff, anybody on extended unemployment will not get a check in january. host: this is gary who chooses ben bernanke. beverly is next from vermont. caller: hello/ ? my choice is the teachers of america. i cannot believe that people did not speak up more for the teachers. they do they hurled job practically every day. host: why are they political heroes? caller: who do you think is going to run the country in the future? this is something that people do not understand. our future is our children. nobody seems to care. my choice is the teachers
you have to remember nancy pelosi and the democrats that voted no voted to go over the fiscal cliff. they have been trying to kill all the bush tax cuts. even mr. obama since 2005 when he was running as a senator. i don't know what your thoughts are about that. i would like to hear about the democrats voted to push us off the fiscal cliff. host: how you pick political heroes? caller: this is a republic and want to see going back to what it was. people are getting knocked off of unemployment in...
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so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increa would change depending on that, but the percentage crease is the same a matter where you live in the country. host: we are talking >> some of the conversations about the fiscal cliff and other updates are available at c- span.org/fiscalcliff. you can find tweaks from reporters like this one coming across the wires from major garrett. saying the meeting at the white house had ended at 4:00 p.m. major garrett wrote that president obama did not move from his $250,000 threshold. tweaks, documents, articles, all available at c-span.org /fiscalcliff. we will continue to bring you updates. >> i like the congressional hearings. i like the educational stuff. the
so has nancy pelosi, the democratic leader in the house. host: does the cola change depending on where you live in the country? guest: it is across the board for everyone. it is a percentage. it depends on how big your benefits are every year. you cited average numbers of about $1,200 a month for a retired worker. a lot of people get more and some get less. the dollar amount for your increa would change depending on that, but the percentage crease is the same a matter where you live in the...
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i do not know if you have noticed but nancy pelosi, her eyes are consistently dilated. host: thanks for your call. let's go to indiana. caller: i think it is unfortunate boehner wants to tax people making over $1 million. [indiscernbile] this is the result of 30 years of reaganomics, and the republican party has left people with less fiscal responsibility and they have not paid for the two wars, medicare part d, not to mention the tax cuts. host: how does it end? caller: if people did not wake up and try to do what is right for future generations at will and worse. the republican party will not compromise for anything. it is not the dwight eisenhower party that had the 93% tax rate. you put the money into the interstate highway system. even abraham lincoln created land grant universities, and that was not called socialism. it was called advancing the future. host: we appreciate the call. let's go to illinois, catherine on our line for republicans. caller: yeah, hi, this is catherine. i cannot have twitter, but i would like to get something going. class --'t the middle i
i do not know if you have noticed but nancy pelosi, her eyes are consistently dilated. host: thanks for your call. let's go to indiana. caller: i think it is unfortunate boehner wants to tax people making over $1 million. [indiscernbile] this is the result of 30 years of reaganomics, and the republican party has left people with less fiscal responsibility and they have not paid for the two wars, medicare part d, not to mention the tax cuts. host: how does it end? caller: if people did not wake...
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. >> what i learned from a great women leaders like nancy pelosi , very much open and wanting to share. women who feel secure about themselves can give support to other women. that is an important element. to allow for new ideas to emerge. great ideas come from other women that are doing some great things. if they are doing well, they are going to make me look good. that is the kind of spirit i like to see. >> are the small things women can do? is it talking about the pressures? >> it is more than just talking. if you are engaged in a work environment together, it is allowing for somebody to take on any project or allowing somebody to flush out ideas and put them in place and then learn from that. not everything is going to be perfect. "it is ok. we are going to work on getting a better." that is when you learn about how to perfect what you want to do. that happens in any environment. we need to talk about it more directly. those discussions are always tapered down for women. >> what you wish you knew when you work 17 and you said keep striving. it is not about how many times you get k
. >> what i learned from a great women leaders like nancy pelosi , very much open and wanting to share. women who feel secure about themselves can give support to other women. that is an important element. to allow for new ideas to emerge. great ideas come from other women that are doing some great things. if they are doing well, they are going to make me look good. that is the kind of spirit i like to see. >> are the small things women can do? is it talking about the pressures?...
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speaker, nancy pelosi, mrs. bush, harry reid, leader mcconnell, secretary of state hillary clinton and my colleagues in government this is a special day to honor a special person in a special place. for many years i have followed tragedies and victories of this uncommonly courageous and persistent woman. in 1988 she quickly rose to be the voice of democracy in burma creating the lead for democracy, elections followed in 1990 when her party won 80% but that joy turned to tragedy and the the military junta and aung san suu kyi spent 3 decades under house arrest unable to visit her dying husband. in 1996 i recall senator bill cohen approaching with senator mccain to sponsor a burma sanction bill, sanctions were put in place in 1997 and only loosened in july of this year. senator mcconnell became one of aung san suu kyi's chief advocates and we continue to work on behalf of the people of burma. in 2003 following an assassination attempt senator mcconnell and i worked to pass an important man the remains in place tod
speaker, nancy pelosi, mrs. bush, harry reid, leader mcconnell, secretary of state hillary clinton and my colleagues in government this is a special day to honor a special person in a special place. for many years i have followed tragedies and victories of this uncommonly courageous and persistent woman. in 1988 she quickly rose to be the voice of democracy in burma creating the lead for democracy, elections followed in 1990 when her party won 80% but that joy turned to tragedy and the the...
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how is nancy pelosi regarded? divest you that the others. she was speaker pelosi coming a leader pelosi. it was in a given she'd be minority leader after she lost the majority, but she's still in control of and doesn't seem to be insurrection to change dynamic there. >> there will not be any kind of insurrection. it's been interesting to see i interviewed minority leader pelosi for this book can talk to other people on the democratic side of the leadership. following republican freshman, it is interesting to see these guys evolve one reason i wanted to do this the. one thing it did involve us their opinion of pelosi. they came to really respect her. she holds her caucus together a much more diverse caucus in the republican caucuses that she can count better than anybody in washington, specifically to 218, the number it takes to get to the majority. she can count the number to become house minority leader and after she lost the speakership one of the dwindling number of blue dog democrat decided to run against her, she made it very clear very
how is nancy pelosi regarded? divest you that the others. she was speaker pelosi coming a leader pelosi. it was in a given she'd be minority leader after she lost the majority, but she's still in control of and doesn't seem to be insurrection to change dynamic there. >> there will not be any kind of insurrection. it's been interesting to see i interviewed minority leader pelosi for this book can talk to other people on the democratic side of the leadership. following republican freshman,...
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and nancy pelosi would hear nothing of it. she would say that is very interesting johnnie would never get it scheduled. another blue dog democrat have been trying to get it on for consideration and no dice. unfortunately, to reform congress, congress has to play along and that doesn't seem likely to happen. >> i guess where i was going was, you have 52 congressmen congressional districts in color 49 and they have reformed their system and you have districts there now who had republican versus republican and you had at least one fistfight. but it's forcing them to the center. of it seem like it's doing what you are taught in about. >> yeah, i do think that though some people appointed to the california example of proving that this is a flawed means of reform, it still strikes me as a palatable reform. >> compared to what, right? hey mr. rich, how are you? >> we here lately that the tea party has peaked and this may be starting to decline. do you see any evidence to support this claim or is it just wishful thinking? >> wishful t
and nancy pelosi would hear nothing of it. she would say that is very interesting johnnie would never get it scheduled. another blue dog democrat have been trying to get it on for consideration and no dice. unfortunately, to reform congress, congress has to play along and that doesn't seem likely to happen. >> i guess where i was going was, you have 52 congressmen congressional districts in color 49 and they have reformed their system and you have districts there now who had republican...
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has there been any official word from anybody other than nancy pelosi? >> we got no official word on this. a number of house republicans who are upset with the way things have been going so we are not quite sure who's a republican member was who said that, but you have got to kind of look at leadership here or there. they will not bring a bill to the floor if they do no did not believe they have the votes to do this thing. adam: just for brevity, we want to show you the shot from times square. square. million people celebrating the new year. everyone of these people can expect a tax increase because without both chambers passing any kind of legislation, you make $50,000 per year as of 12:01 january 1 you will pay $1200 more in taxes. $150,000 income will pay 5600 in taxes. if you're married to, say numbers, 50,000 income, you'll pay $2000 more in income taxes. you're going to pay $6600 in taxes. rich, do people on the hill have any kind of sense, i understand they believe the concert of the tax increases hitting average americans giving us less money in
has there been any official word from anybody other than nancy pelosi? >> we got no official word on this. a number of house republicans who are upset with the way things have been going so we are not quite sure who's a republican member was who said that, but you have got to kind of look at leadership here or there. they will not bring a bill to the floor if they do no did not believe they have the votes to do this thing. adam: just for brevity, we want to show you the shot from times...
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harry reid, as well as nancy pelosi on board with the president, so the key question tonight is the democrats who talk about things in the senate, if we hear anything from the speakers about the deal that is now emerging in the senate. reporter: we have yet to hear from the speaker's office. but one of the final hangups is getting all the democrats on board with us. mitch mcconnell knows where speaker john boehner is on this issue. they remained in contact throughout these negotiations birdseed can imagine that speaker boehner will come out as possibly as early as tonight with a statement of support. he has yet to get any information on. adam: apparently a spokesperson for the speaker saying that this is all joe biden and mitch mcconnell. no context as whether that's a compliment or insult, but potentially the deal which you have been expressing all day long. you are the one who will wrote just before 9:00 p.m. that a gop aide said that this was all done. just to wrap up with you before before we sign off one more time, no word yet from the vice president, but reporters are waiting for some k
harry reid, as well as nancy pelosi on board with the president, so the key question tonight is the democrats who talk about things in the senate, if we hear anything from the speakers about the deal that is now emerging in the senate. reporter: we have yet to hear from the speaker's office. but one of the final hangups is getting all the democrats on board with us. mitch mcconnell knows where speaker john boehner is on this issue. they remained in contact throughout these negotiations birdseed...
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but it's the house leadership, nancy pelosi will have to sell liberal democrats on the idea. but eventually having to take place and then of course john boehner would have to sell house republicans on the fact that there may not be extension of cuts and they are going to be tax increases. >> exactly. and if you think of the alternative here, if liberal democrats don't like where the threshold is, they sit on their hands and get what they want and more and more. and you have a tax increase basically up and down the income spectrum. on the other the other side of the house republicans were saying, if we don't get enough spending cuts, and just let the sequester head. it is set to hit over the next decade beginning in just a few hours from now. get your spending cuts by doing nothing. your tax increases by doing nothing. so there's a little bit of something for everyone here. gerri: as we start to wrap up, did the republicans in giving to the tax increases, did they give enough? or are the democrats who didn't want increases on anybody, they one of the line at 250,000. do they p
but it's the house leadership, nancy pelosi will have to sell liberal democrats on the idea. but eventually having to take place and then of course john boehner would have to sell house republicans on the fact that there may not be extension of cuts and they are going to be tax increases. >> exactly. and if you think of the alternative here, if liberal democrats don't like where the threshold is, they sit on their hands and get what they want and more and more. and you have a tax increase...
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melissa: moving on, just before nancy pelosi was ereleaked in someone broke into her wine den. unclear if anything was stolen. what do you think is going on there? have you ever heard of a wine den? >> my wine den. melissa: and my pool house. >> that is populist, right? melissa: she is really a lady of the people. >> lib per teen liberals. melissa: someone broke in. there you go. all right, guys. thank you so much. i like that girl playing football. i'm loving that. very cool. that is all the money we hope you have a terrific holiday. "the willis report" is coming up next. thanks for watching. "the willis report" is coming up next. thanks for watching. >> hi, everyone, happy new year. i'm diane macedo joining you live from fox business headquarters in new york. we're following the breaking news in washington. we're waiting for the house of representatives to vote on a fiscal cliff deal that the senate passed early this morning. they have been in a conference meeting a little less than an hour. speaker boehner, majority leader eric cantor walking into that meeting. still waiting
melissa: moving on, just before nancy pelosi was ereleaked in someone broke into her wine den. unclear if anything was stolen. what do you think is going on there? have you ever heard of a wine den? >> my wine den. melissa: and my pool house. >> that is populist, right? melissa: she is really a lady of the people. >> lib per teen liberals. melissa: someone broke in. there you go. all right, guys. thank you so much. i like that girl playing football. i'm loving that. very cool....
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other than house minority leader nancy pelosi i'm now hearing senate majority leader harry reid has joined her in making comments back at capitol hill. we'll let you know what they say as soon as that is transmitted to us. there are other directed comments they made little progress something they have been saying after the meetings the last few months. adam? >> we're looking to turn around reid's comments so we all can hear them. when you talk about the president he is up-or-down vote, someone referred to this as plan-c. is this the offer you reported on a while back where he would move the bottom line tax increase to 400,000 for the upper incomes as opposed to 250,000? is that on the table. >> we don't know if that is the specifically the offer on the table. it started at president's opening offer 250. you could see a pathway forward to raise the threshold up to 400, $500,000 a year, any amounts below that don't get tax increase. any amounts above that get tax increase. end of the year fixes preventing medicare doctors getting large pay cut. amt fix, prevents millions of americans paying
other than house minority leader nancy pelosi i'm now hearing senate majority leader harry reid has joined her in making comments back at capitol hill. we'll let you know what they say as soon as that is transmitted to us. there are other directed comments they made little progress something they have been saying after the meetings the last few months. adam? >> we're looking to turn around reid's comments so we all can hear them. when you talk about the president he is up-or-down vote,...
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nancy pelosi will have to deliver anywhere from 50-100 votes from her democratic office. but, of course, let's not forget that gets us around the immediate problem of what they are calling the fiscal cliff. this is just act one. then we deal with the dead ceiling. this was just the idea of an opening bid, if you will. i think it will be good news for the market if a deal like this were enacted. shibani: you are talking about the markets. i want to ask you about their role in getting to this point. we have seen steep declines. multi- hundred point the kleins in some instances, we have not been met in this case. is this part of the reason we are in this position? >> well, you know, the last two weeks have been pretty brutal for the markets. i think that has been kind of the lead up for this current situation we are in. who knows where the market is going. i do think there will be a big sigh of relief if we get a deal today or tomorrow. i think the markets will celebrate, later this week. there is about 15 or 20 movable pieces in this puzzle. what are we going to do about th
nancy pelosi will have to deliver anywhere from 50-100 votes from her democratic office. but, of course, let's not forget that gets us around the immediate problem of what they are calling the fiscal cliff. this is just act one. then we deal with the dead ceiling. this was just the idea of an opening bid, if you will. i think it will be good news for the market if a deal like this were enacted. shibani: you are talking about the markets. i want to ask you about their role in getting to this...
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his plan b is a plan nancy pelosi embraced a few months ago. boehner couldn't get enough of his right flank onboard and pelosi was whipping votes against her own plan among democrats to embarrass boehner. so the politics worked out well for pelosi. it's a total mess, dysfunctial and both parties are not covering themselves in glory. >> got to leave it there. always good to see you. >> thanks. >> to ed henry in honolulu where the president is set to depart tonight. we got breaking news from the speaker and i believe -- they said we have a couple deals on the table. it's your turn, senate. >> yea eric, that's where the ball is going now. but what i think the speaker and maybe majority leer eric cantor are leaving out is the reason all eyes turned to the senate is the speaker can't get the job done thursday on plan b. plan a is essentially the big deal, the $4 trillion debt plan. i was speaking a short time ago to a white house official that happened they believe the president moved halfway towards the republicans starting at only want to go raise
his plan b is a plan nancy pelosi embraced a few months ago. boehner couldn't get enough of his right flank onboard and pelosi was whipping votes against her own plan among democrats to embarrass boehner. so the politics worked out well for pelosi. it's a total mess, dysfunctial and both parties are not covering themselves in glory. >> got to leave it there. always good to see you. >> thanks. >> to ed henry in honolulu where the president is set to depart tonight. we got...
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and with that let me turn now to our leader, nancy pelosi. >> thank you very much. last night the senate -- well, i guess it was early this morning, the united states senate voted in an uncharacteristically in a very bipartisan way 89 votes in favor of the compromise legislation. that was historic. that legislation was sent over to the house. up until now our speaker has said when the senate acts we will have a vote in the house. that is what he said. that is what we expect. that is what the american people deserve. so we look forward now as we go forward in this day to see what the timing will be for a straight up or down vote on what passed 89-8 last night in the united states senate. today we had the privilege, as our chairman has said, from hearing from the vice president. he talked about what's in the legislation and what lies ahead and difficult negotiations as we go forward. we had a frank, as you said, mr. chairman, a frank discussion in that regard. our members after thoughtful dlir bracings and review are continuing to review the legislation weighing the p
and with that let me turn now to our leader, nancy pelosi. >> thank you very much. last night the senate -- well, i guess it was early this morning, the united states senate voted in an uncharacteristically in a very bipartisan way 89 votes in favor of the compromise legislation. that was historic. that legislation was sent over to the house. up until now our speaker has said when the senate acts we will have a vote in the house. that is what he said. that is what we expect. that is what...
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that is from nancy pelosi. obviously the combination of democratic votes and republican votes in the house would be needed to pass anything because the republican opposition to whatever comes out of the senate if in fact a piece of legislation does come out tonight will probably be great. just hearing from some of the republican reaction to the no additional spending cuts part of the framework of this original deal. also remember this, that this negotiation has been really going on for some 18 months. lawmakers, the white house have known about this for a long time. we are about an hour and a half away from the top of the new year, from 2013. we are an hour a half away from the final fiscal cliff deadline that congress will now miss. we have not seen a piece of legislation on o the floor yet and we may still as we continue to monitor all things up and capitol hill. we have you covered. we also have you covered up at times square with ma megyn kely and bill hemmer up at times square. they are having more fun. ke
that is from nancy pelosi. obviously the combination of democratic votes and republican votes in the house would be needed to pass anything because the republican opposition to whatever comes out of the senate if in fact a piece of legislation does come out tonight will probably be great. just hearing from some of the republican reaction to the no additional spending cuts part of the framework of this original deal. also remember this, that this negotiation has been really going on for some 18...